Bezos tops Forbes world's rich list as Trump wealth drops

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Men lie women lie but Forbes doesn't...and according to their annual listing of billionaires Amazon Chief Executive Jeff Bezos has done it again in the world of the richest.

Forbes estimated Trump's total fortune at $3.1 billion, far from the over $10 billion he once claimed, but still enough to make him the richest president in US history.

There are now a record 2,208 billionaires in the world, Forbes counted, and their combined worth is US$9.1 trillion, up 18 per cent from a year ago. Gates was previously recorded with an estimated wealth of $86 billion on the same list past year.

Notably, he was valued at $86 billion on the 2017 list of world billionaires.

United States aircraft carrier visits Vietnam, with a message for China
The Carl Vinson is filling in for the Japan-based USS Ronald Reagan, the Navy's only forward-deployed aircraft carrier. The Navy now makes regular, small-scale visits to Vietnam that the service calls "Naval Engagement Activities".

Legendary investor Warren Buffett held on to his number three ranking, followed by French industrialist Bernard Arnault, who jumped to fourth-richest person from his previous number 11 spot, mostly thanks to euro strength against the USA dollar, the magazine said.

From India, the list featured Reliance Industries' Mukesh Ambani (#19), Wipro's Azim Premji (#58), and steel magnate Lakshmi Mittal (#62), with net worth of $40.1 billion, $18.8 billion, and $18.5 billion, respectively.

President Donald Trump's fortune is down almost half a million dollars since he assumed office a year ago, according to a new list released Tuesday by Forbes magazine. All together, the billionaires on the list are worth $9.1 trillion. "The president's polarizing personality is costing him business as well", the magazine said.

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